Inflation Rises in February, Sparking Stock Drop and Investor Debate on Rate Cuts
• Inflation rose in February, complicating the Fed's plans for potential interest rate cuts • Stocks dropped as investors dialed back expectations for rate cuts due to inflation uptick • Surging commodity prices like gold and oil reflect inflationary pressures • Investors may be exiting AI-related semiconductor stocks like Nvidia too soon • Speculation of cannabis rescheduling by DEA sparked a rally in cannabis stocks